Retire Early Knowledge Base
How can you retire early without being a slave to a job? My husband and I want to retire early sail on a boat the rest of our lives and really do not want to be slaves to any low paying jobs. We both have different skills. He can work on anything. I am creative and have alot of artistic skills, lots of generic talents, but nothing that has materialized into a useful career. What should I consider doing if this is our dream?
What type of savings do I need to retire early? I'm currently saving in my 401k here at work, and by the time I retire in 35 years, I should have a sizable nestegg. I know all the cons to pulling out of that early, and want to avoid them. I'd like to start saving additionally for retirement, so I'd have the potential to retire early, but with no major drawbacks to pull on this money. What type of accounts should I get?
What is the best job to get rich and retire early? I've heard from quite a few people that network marketing is the best way to go if you want to get rich fast and retire early, but is there another better route? when i said best, I meant EASIEST and fastest.
Is there any way to avoid taxes on a Roth IRA if you plan to retire early? I read somewhere that you can withdraw yearly equal amounts from the Roth without tax. Is that true and is that what they do so you can retire early? Ok, I must not have been too clear. I know exactly what a Roth Individual Retirement Arrangement IS, and how it works. What I'm wondering is if they have a provision for early retirement. I'm assuming they don't since I can't find information about it. I just with I could use this vehicle for investing for an early retirement.
Would you work outside the home if you had enough money to retire early? No one in my office who is over 50 seems to happy to be there. Many of them have told me they can not wait until they turn 62 and can take Social Security. Many people in the office are hoping to retire before they are 62 and move to volunteer or part time work. They are burned out and show it! How about you? If you had the ability to retire from your job/career as early as 50 would you do so, if you could swing it financially? Or would you miss the gang at work and having a place to go to each day? At what age is early retirement a good thing or is it just a sign or lazyness?
My current salary is $47,500 annual. Is there anyway or anything that can help me retire early ? My current salary is $47,500 annual. Is there anyway or anything that can help me retire early ? Should I enroll in my company's 401K Plan?
How much money will i need to retire when i start working if i want to retire early.? i want to retire early so i will be able to have a free future and can volunteer for things.
Would you want to retire early or would you continue your career future? If you had the chance to retire early, even if you 20 and forever live simple in a hot place like cancuns or would you stay in your location and continue to your the same life you are and try to presue your career future?
What type of Accounts/ Investments do I need to make in order to retire early?? Hi, I am a College Student in my 20s And I want to plan for my future NOW. I want to retire early ( like in 15-20 yrs) What type of Investments do I need to Make?? AND what type of Accounts do I need??
is there a goverment grant for older members of staff who are willing to retire early to save younger colegues? my company has asked for volentary redundancys and i hered from a family member that the goverment gave older members of his company £10000 to retire early to save younger members jobs is there any truth to this ? if yes where can i get info
How to retire early and has no worry about money? There will be a point in life that is time to retire for most that is working for somebody else. What can be done to not worry about money as you'll never know how long more you're gonna live?
Do you think Roger Federer will retire early? I have got a feeling he might be one of those who retires early, like Justine Henin. Opinions?
How can I retire early and live meagerly? I want to retire @ 54 and know it is a stretch. I want to travel the US in an RV and see "every" little thing??? How do I accomplish this?
Is it normal to study more, work less, retire early? I always hear of doctors who go to school for like 8+ years and then they work for like 10 years and then they retire when they're in their late forties. Is this common?
Is greed and the drive to retire early a component of the economic downturn? AARP is one loud squeeky wheel and Washington listens to them. Is their greedy agenda a contributor to this economic crisis?
Can you claim another pension, other than your work pension, if you retire early, due to ill health? If so what is it called? How do you apply for it?
do you know if someone can qualify for unemployment benifts if they were made to retire early? The place I used to work at is closing their doors.I know someone who just recently was made to take an early retirement there. I talked with her yesturday and she told me she still has money in her unemployment insurance. Can she recieve this?she is really having a rough time.
What should I do with $60k in order to retire early? I live in Oklahoma. I have 10 yrs with the DOD (civil service). I am 33. I have cronic back pain and have had surgery that has helped some but I am still in constant pain. Last year I bought a house for $60k which I have invested about another $40k. We expect to sell the house in the next couple of months for a profit btwn $40k-$60k. I currently make about $65k yr. I have about $32k in my 401k. I want to retire asap. any ideas?
Does engineers retire early? than other jobs like businessman
Could I retire early with a Templeton Prize by going into a scientific field, then announcing that God exists? Mato: I said *Templeton* prize. Peer review smshmeer review.
Can you claim another pension, other than your work pension, if you retire early, due to ill health? If so what is it called? How do you apply for it?
Why did Libby Trickett retire swimming so early? Well shes only 24 years old and an amazing swimmer.Why the hell did she retire?
What should I do with $60k in order to retire early? I live in Oklahoma. I have 10 yrs with the DOD (civil service). I am 33. I have cronic back pain and have had surgery that has helped some but I am still in constant pain. Last year I bought a house for $60k which I have invested about another $40k. We expect to sell the house in the next couple of months for a profit btwn $40k-$60k. I currently make about $65k yr. I have about $32k in my 401k. I want to retire asap. any ideas?
I want to retire early & live comfortable, any detailed suggestions? I'm 24, married with 3 kids, doing online sales business at home & my husband is an engineer. Its not so easy to save lots of $$, as I have 3 kids & hope to have 2 more but I do save about $400- $500/month. I have savings insurance for myself & kids. Own a 4-room & a car. Any suggestions?
can i take my retirement -401k amount to india, if i retire early(40 yrs)? if so, do i need to pay 10% penalty for early withdrawal. am i taxed in india as well as for this income as i pay taxes in usa as well. - xyz
I am 58 was forced to retire early, starting online store any ideals? L need more shoppers any ideals
Why do nice teachers always retire early, but mean teachers stay forever? I have one teacher and she has been teaching at that school for over 40 years, but she is so mean. One of my favorite teachers just retired last year and she was super nice.
Is 16 too young to retire if you have no money? Why does the US offer so many early retirement programs? And...why do I have to contribute to their early retirement program, while I wait until I'm 67 to retire? Two people understood the question.
Can i take early retirement in the uk and still work abroad full time? I want to retire early and move abroad. But i want to know if i can still work full time running my own buisness abroad. any usefull info will be appreciated. thanks.
How much money (US Dollars) would be required for a couple in their early 50s to retire in Guatemala? We are in good health but sick of the rat race. We would like to retire somewhere where the cost of living is low. Guatemala seems ideal with its relatively close proximity to the US. We would not want to work. Modest home required. Would US $1 million be enough for 30 years in Guatemala? $1.5 million? Please...anyone...provide insight!
Why do secondary school teachers retire early inspite of having their pension actuirily reduced? I am surprised how often teachers and assistants say that. From my own scant experience as a volunteer I see what they mean
Where to save to retire early? Where can I save money so that I can have access to it well before the age of 59 1/2? I am 24 and have saved up quite a bit in my 401K and Roth IRA, but I would like to possibly retire as early as 50, or maybe even sooner.
Are there any jobs that pay really extremely well for a short time so you can retire early? I don't want to slave my whole life away I have better things to do then work anywhere that could careless about their people and work them to death which I am tired of.
How about we set aside a few billion to pay Pelosi, Reid, and Obama to retire early...and save the economy? It would be much cheaper than spending 800 billion....and it would save the economy from collapse. also pay Clinton and Kennedy...if they retire....
How come many Divas retire so early? Like Victoria leaving. It was so unexpected and I still feel she never truly got the push she deserved on Smackdown.
What is the best way to retire early? I max out my 401 k at work and they match 6%, I put the 5,000 max into a roth ira a year and save 10% of my salary a year. I only make about 90,000 a year. I payed cash for my house and my truck. i have no debt and Im only 28 so now what can I do? Im dont wanna work till im real old ya know
What ever happened to basketball star Kerry Kittles and why did he retire so early? The basketball player Kerry Kittles who used to play for the New Jersey Nets with Jason Kidd, Richard Jefferson, Jayson Williams, and Keith Van Horn. Kerry Kittles was the shooting guard, what happened to him and why did he stop playing a few years back?
What other jobs are there that I can retire very early? Hi, other than the military and police officer jobs, what other jobs are there for early retirement? I have been on SSI for over 2 years but it seems I'm not qualified for it forever.
If you were fortunate enough to be able to retire really early What would you do all day? If you struck it rich, and retired by your 30s, what would you fill your days with??
Anyone planning to retire early in the Philippines? I plan in moving at around 54 or 55 then live off savings till my 401K at 59.5 then SS at 62 . I am going to a province outside Cebu where my house will be built in a few months .
people 18-early 20s: do you plan to sacrifice your finances to retire early or not? or are you going to get a career that is high paying? Do you plan to live modest to retire early OR are you just going to work a lot of years?
Is my weener going to retire early if I have a very active sexual life? not for me, for my friend
Wanting to retire early!! what things can i do to help me with this quest? 22 year old female very determined to retire at least by 40 or 42 or before that..what efforts should be made on my part to do so? should i make some small investments or go to a couple of edward jones and speak with them??
Do you think Dale JR will retire early (say at the end of his contract) since he wants to get away from it all He seems like he would consider moving to Australia for some peace and quiet without all of you guys drooling over him. What do you think? I know but you can tell he just wants to leave this all behind and settle down where he can be on his on
Do you wish to retire early with piles of dough? And mention what age and what will u do with that cash!
i want to retire early and i heard about the rule of 55 which says i can withdraw a certain amount of money? i want to be able to withdraw from my 401k without being penalized for taxes
Pay off debt slowly or retire early? I am coming into a lump sum of money, and have been wondering if its smarter to pay off all debts I have now or invest the money and pay debt off later when my investment is enough to retire on.
Do you have to be the legal retirement age to retire? If the retirement age is, say 65 (not sure if that's accurate, just throwing it out there), can I retire earlier than that? Am I penalized? Does it depend on years of service to determine if you can retire early? I'm just asking because a lot of people at my work are retiring and it doesn't seem like they are old enough to be the legal retirement age. Thanks.
If you save £20K/year in the UK or $35K in the US from age 25 would it be possible to retire early? How early? Sorry, accidently put in wrong category but I'll leave it here as I'm most likely to get well informed answers in this section
How to retire early job? I cant make my earning without working, and i am tired of working already, Aged 29, Working since 10years, Anyone who can suggest to get myself retired from this work sooner and live my life
Retire Aged Personnal Early. "rape"? As a result of the reduction of money budgeted for the Department areas, we are forced to cut our number of personnel. Under the new plan, older employees will be asked to accept early retirement, thus permitting the retention of younger people who represent our future plans. Therefore, a programme to phase out older personnel by the end of the current fiscal year, via retirement, will be placed in effect immediately. The programme will be known as R.A.P.E. (Retire Aged Personnel Early). Employees who are R.A.P.E.D. will be given the opportunity to look for other employment outside the company. Provided they are being R.A.P.E.D., they can request a review of the employment records before actual retirement takes place. This phase of the operation will be called S.C.R.E.W. (Survey of Capabilities of retired Early Workers). All employees who have been R.A.P.E.D. or S.C.R.E.W.E.D. may file an appeal with upper management. This will be called S.H.A.F.T. (Study by Higher Authority Following Termination). Under the terms of the new policies, employees may be R.A.P.E.D. once, S.C.R.E.W.E.D. twice, but may be S.H.A.F.T.E.D. as many times as the company deems appropriate. If any employee follows the above procedure, he or she will be entitled to get H.E.R.P.E.S. (Half Earnings for Retired Personnel's Early Severance). As H.E.R.P.E.S. is considered a benefit plan. any employee who has received H.E.R.P.E.S. will no longer be R.A.P.E.D. or S.C.R.E.W.E.D. by the company.
Subject: Retire Aged Personnel Early Memo funny or not? As a result of the reduction of money budgeted for the Department areas, we are forced to cut our number of personnel. Under the new plan, older employees will be asked to accept early retirement, thus permitting the retention of younger people who represent our future plans. Therefore, a program to phase out older personnel by the end of the current fiscal year, via retirement, will be placed in effect immediately. The program will be known as R.A.P.E. (Retire Aged Personnel Early). Employees who are R.A.P.E.D. will be given the opportunity to look for other employment outside the company. Provided they are being R.A.P.E.D., they can request a review of the employment records before actual retirement takes place. This phase of the operation will be called S.C.R.E.W. (Survey of Capabilities of retired Early Workers). All employees who have been R.A.P.E.D. or S.C.R.E.W.E.D. may file an appeal with upper management. This will be called S.H.A.F.T. (Study by Higher Authority Following Termination). Under the terms of the new policies, employees may be R.A.P.E.D. once, S.C.R.E.W.E.D. twice, but may be S.H.A.F.T.E.D. as many times as the company deems appropriate. If any employee follows the above procedure, he or she will be entitled to get H.E.R.P.E.S. (Half Earnings for Retired Personnel's Early Severance). As H.E.R.P.E.S. is considered a benefit plan. any employee who has received H.E.R.P.E.S. will no longer be R.A.P.E.D. or S.C.R.E.W.E.D. by the company
Is BCCI Luring players to join IPL and to retire early? Alot of people have been retiring lately... i can recall 3 right now... Gilly, Pollock and now, Fleming and surprisingly all 3 of them are going to be joining IPL. Full list here - http://en.wikipedia.org/wiki/Indian_Premier_League And i just read a cricinfo article, where Ponting is worried that the lure is going to lead to many players retiring early to play in the IPL as IPL is not in ICC's schedule, so players have to choose between IPL or ICC's cricket matches.. What are ur thoughts on this? http://content-usa.cricinfo.com/ipl/content/current/story/336628.html GOOD NEWS.... MY FAVORITE PLAYER MD. KAIF HAS BEEN IN BY IPL!!! HAS BEEN ROPED IN BY IPL**** (i need to proofread)
What would you do if you won £60,000 and were due to retire in 2 years time? I have a chance of winning 60,000 and only have 2 years left before I retire what do you think I should do.....stay on or retire early?
should the President retire early? I voted for this man twice but I dont know what he is anymore. he has been a big dissapointment and he is very close i think to betraying this country as a whole. i am heart sick about this I still would not have voted fot kerry or the enviro nut who lost his home state , but this is terrible. let Chaney or Condi take over for the remainder of the term .
Do people who retire early, before 60, live longer than people who? wait until they are 65? big j: I'm right there with you. Can't afford to retire yet, though. Or I don't think I can.
has anyone had to retire early due to disease? parkinsons? my father had to at 58. does anyone know if he should be considered as a " disability voluntary retiree? We are trying to figure out which compensation bracket he falls under
How to achieve financial independent to retire early? your advice is needed. Thanks everyone
If you had the luxury to retire early in life, would you? I think I would go crazy not having a job to look forward to. Early as in your 30's or 40's, not like 63 instead of 65.
I am 43, divorced kids raised had to retire early, what now? I need some goals.? I love music. I would enjoy a part time job I have a great education. I am so quickly alone. No one to do for...what a trip. I am healthy, happy, just confused about how to spend my time. I will volunteer but nothing too stressful as I did the Social Work thing for 20 years. I love music. Anyone need an awsome pt worker to travel with them, be a "roadie" is that how you spell that word? Any ideas appreciated!
Poll: How many of you are you prepared to retire early (ex. 50 y o)? Pls. ignore the extra word "You" in the question.
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